Much more effort required to open economies to trade, says ICC Open Markets Index
The following is excerpted from an 11 June 2013 news article by the International Chamber of Commerce.
Despite recurring pledges to roll back protectionist measures, the G8 and its larger sibling the G20 are failing to demonstrate global leadership on trade openness, according to the ICC Open Markets Index 2013. The biennial report, commissioned by the International Chamber of Commerce (ICC), indicates that only one G20 nation ranks among the world’s top 20 open trade markets.
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